Bailout Worries Despite Rally

U.S. stocks opened lower on Tuesday (March 24), weighed by profit taking following a 7 percent rally in the S&P 500, as investors assessed a raft of recent moves to shore up the struggling economy. The mood on Wall Street remained cautious despite the details announced by the U.S. Treasury to purchase toxic assets from troubled banks. "We've been through this in the late Fall. Hope...

MediaScrape | March 24, 2009

Tags:. .raft. .cautious. .bailout. .toxic. .mood